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Greg MacSweeney
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Millennials Taking a Bad Rap, SEC Inept?, More Bank Layoffs, and More Quotes of the Week

The buy side is starting to feel the commission squeeze, the SEC's incompetence, Volcker Rule scare tactics and hiring the best and the brightest are just a few of the this week's top quotes.
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1. Commission Squeeze

The bottom line is that the entire industry -- investors, brokers and other equity research providers -- should be preparing to operate in an environment in which there are fewer commission dollars to spend.

— Jay Bennett, a consultant with Greenwich Associates

Source: Advanced Trading

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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